Compares the differentiation both on the financial profitability and the management appropriateness between two accounting systems, using examples of French Telecom and Deutsche Telekom.
Written in 2001; 3,408 words; 7 sources; MLA; $ 96.95
Paper Summary:
This paper examines and compares the accounting systems used in the operating of the two European telecommunication giants - French Telecom and Deutsche Telekom. It looks at how each of these systems work best for the specific company and how it suits the needs of the economy of France and Germany. Includes appendixes of a comparison of financial reports.
Preface
Introduction
Different Accounting Systems
Classifications
Accounting Measurement Techniques
Corporate Governances
Foreign Currency Translation
Segmental Reporting
Financial Ratio Analysis
Conclusion
Reference
Appendix
From the Paper:
"The telecommunication market is expanding rapidly in European countries. France Telecom as one of the outstanding telecommunication operators both in Europe and the rest of the world. In year 2000, France Telecom had a great score which have 77 million worldwide customers; 33.7 billion Euros in revenues by the end of the year. Such great achievements create solid foundations to support the strategy they have used, which is focus on high growth business to continue to expand in France and develop the businesses in the rest of Europe. France Telecom has modified the presentation of its accounts for better reflect its operations and wireless activities."
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